High-Yield Member SavingsEarn Up to 5.50% p.a.
Savings Account
Flexible deposit account with competitive annual interest and hassle-free liquidity. Enjoy higher interest returns on your everyday savings compared to conventional commercial banks.
Interest Calculation: Daily Product Basis
•Interest Credit: Half-Yearly
•Minimum Balance: ₹500 / ₹1,000
Savings Account Categories & Interest Rates
Compare account categories and minimum balance requirements designed for all member segments.
Account Categories & Rate Slabs
| Account Category | Annual Interest Rate | Min Balance |
|---|---|---|
| General Account Holders | 5.00% p.a. | ₹1,000 |
| Senior Citizen Account | 5.50% p.a. | ₹500 |
| Women's Savings Account | 5.25% p.a. | ₹500 |
Account Privileges & Features
Higher returns (5.00% to 5.50% p.a.) compared to regular commercial banks
Passbook facility and instant transaction alerts
Interest calculated on daily product balance and credited half-yearly
Zero hidden account maintenance charges
Easy fund transfers to your Fixed or Recurring Deposit accounts.
Nomination facility available for all single and joint accounts.
Account Terms & Important Rules
- Membership in BSL Nidhi Limited and full KYC documentation are mandatory.
- Interest is calculated on daily product balance and credited half-yearly.
- In case there are no transactions for continuous 6 months, account is classified as Dormant for security.
- Nomination facility is available and strongly recommended.
Open a Savings Account
Experience superior member banking. Visit our branch or request assistance online.
Savings Account FAQs
Learn more about minimum balance maintenance, passbooks, and dormant account reactivation.
View All FAQs